Based off of technical analysis and market structure a continuation of the right shoulder will be happening this upcoming week. price action showing potential for entry on a trend line tap or after a smaller H&S neckline is broken and retesting on the 1H time frame.
Week 4/15-4/20:
On the daily there is descending elliott 5 wave reversal to an ascending elliott 5 wave which is on its 3rd leg currently
Also broke (200+pip from head to neck), inverted head & shoulders neckline and significant 107 -107.25 daily S/R area
Retesting 107.25 -107 area
SL 106.55(45-70 pips) TP 109(175 -200pips) looking to take profit 107.90-108.40...
